topic Missed RMD 2022 in Retirement tax questions

Missed RMD 2022

B52-D — Wed, 11 Feb 2026 05:17:31 GMT

I missed the RMD in 2022 and paid it back in 2023. How do I report this excess withdrawal in 2023

Re: Missed RMD 2022

rjs — Tue, 26 Mar 2024 00:20:41 GMT

It's not an excess withdrawal. An RMD is a minimum withdrawal, but you can withdraw as much as you want in addition to the RMD. Your Form 1099-R for 2023 should show the total amount that you withdrew in 2023, including both your 2023 RMD and the make-up withdrawal for the 2022 RMD. All you have to do is enter the amount shown on the 1099-R. It doesn't matter how much was for the late 2022 RMD and how much was for 2023. You do not have to show the amounts separately or explain the amount.

Re: Missed RMD 2022

B52-D — Tue, 26 Mar 2024 01:13:26 GMT

Thanks for the answer. I sent in a Form 5329 request for wavier with the 2022 taxes and Turbo Tax said I should make the withdrawal as soon as I could. I expected to have to identify the withdrawal as stated in the 5329 form on this years taxes. I feel better about sending my taxes in now.